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Garmin GRMN Fitness — Cost of Goods Sold
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Where this comes from
Reported directly by Garmin in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.
The source filing: Garmin’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 7:00 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-322114
| 13-Weeks Ended June 27, 2026 | Fitness | Outdoor | Aviation | Marine | Auto OEM | Total |
|---|---|---|---|---|---|---|
| Net sales | $756,823 | $482,740 | $268,749 | $341,369 | $172,411 | $2,022,092 |
| Cost of goods sold | 276,100 | 150,421 | 66,778 | 132,405 | 134,366 | 760,070 |
| Gross profit | 480,723 | 332,319 | 201,971 | 208,964 | 38,045 | 1,262,022 |
| Research and development expense | 64,361 | 74,198 | 91,290 | 51,089 | 23,002 | 303,940 |
| Selling, general and administrative expenses | 139,323 | 94,538 | 38,515 | 58,027 | 12,171 | 342,574 |
| Operating income (loss) | $277,039 | $163,583 | $72,166 | $99,848 | $2,872 | $615,508 |
| 13-Weeks Ended June 28, 2025 | ||||||
| Net sales | $605,425 | $490,357 | $249,366 | $299,262 | $170,154 | $1,814,564 |
Item 1 - Condensed Consolidated Financial Statements
FAQ
- What is Garmin's fitness — cost of goods sold?
- Garmin (GRMN) reported fitness — cost of goods sold of $276.1M in Q2 2026.
- How has Garmin's fitness — cost of goods sold changed year-over-year?
- Garmin's fitness — cost of goods sold increased by 14.7% year-over-year, from $240.76M to $276.1M.
- What is the long-term trend for Garmin's fitness — cost of goods sold?
- Over 3 years (2022 to 2025), Garmin's fitness — cost of goods sold has grown at a 19.7% compound annual growth rate (CAGR), from $557M to $954.42M.
- What does fitness — cost of goods sold mean?
- This includes the direct costs attributable to the production of fitness devices and the delivery of associated digital services. It encompasses raw materials, manufacturing labor, and direct overhead costs required to bring fitness products to market. Monitoring this helps evaluate the efficiency of the supply chain and production processes.
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